Over $1T To Enter The Global Commercial Real Estate Market In 2016

Flickr/Julien Menichini

Real estate investors plan to spend more than $1 trillion to enter global real estate markets this year, up 6% from 2015, a new CBRE survey reveals.

The data, from CBRE's Global Investor Intentions Survey 2016, was gathered during early 2016, capturing the negative sentiment surrounding China's stock market troubles.

But this volatility wasn't enough to scare off buyers, as the majority of investors said their buying activity will increase or remain the same in the coming year, World Property Journal reports.

North America—the world's "safe deposit box"—is the most desired location for investment, says CBRE, drawing 48% of funds—ahead of Western Europe’s 28%. Investors surveyed will continue to have a strong preference for gateway cities like NYC and S.F. [WPJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Oracle Project Delays Raise Concerns On Debt-Heavy AI Data Center Deals

SoftBank Forms JV With Industrial Vehicle Automation Company

Retail Veteran Launches Grocery-Anchored Fund With $200M In Seed Funding

Senators Are Pushing To Kick Data Centers Out Of Opportunity Zones

Amherst CEO On Stagflation Risks And The Forces Reshaping The Housing Market

Google To Launch Experimental Satellite To Test AI Data Center In Space

FIRST DRAFT LIVE: Inside The Race For A Spot On The New OZ Map

Barry Diller's People Inc. Withdraws $18B Offer To Buy MGM Resorts

Starbucks To Close 250 Stores, Shrink Growth Plans

Megadeals Overshadow Commercial Property Sale Slowdown

Active Adult Communities Face An Occupancy Dip. Better Tech Could Help Them Stand Out

Brookings Study Shows AI’s $10T Build-Out Cost Will Likely End In Market Correction